MODULSELSKAPET AS

5411 STORD

Finances

Share Ownership

Return on Equity

350,21 %

Current Ratio

1,62

Debt-to-Equity Ratio

18,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 270 000	8 208 000	9 468 000	10 081 000
Net Income	4 164 000	2 806 000	2 444 000	2 768 000
Total Assets	28 578 000	27 078 000	4 638 000	5 112 000
Total Equity	1 189 000	1 025 000	1 219 000	2 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 270 000	8 208 000	9 468 000	10 081 000
Expenditure	2 118 000	4 328 000	6 336 000	6 533 000
Operating Profit	6 152 000	3 880 000	3 133 000	3 549 000
Financial Income	0	0	0	1 000
Financial Costs	814 000	283 000	0	1 000
Financial Balance	−814 000	−283 000	0	0
Earnings Before Tax	5 339 000	3 597 000	3 133 000	3 549 000
Tax	1 174 000	791 000	689 000	781 000
Net Income	4 164 000	2 806 000	2 444 000	2 768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 557 000	20 937 000	99 000	36 000
Total Current Assets	9 022 000	6 141 000	4 539 000	5 076 000
Total Assets	28 578 000	27 078 000	4 638 000	5 112 000
Total Retained Equity	1 089 000	925 000	1 119 000	2 675 000
Total Equity	1 189 000	1 025 000	1 219 000	2 775 000
Total Long-Term Debt	21 810 000	22 136 000	0	0
Total Current Debt	5 579 000	3 917 000	3 419 000	2 337 000
Total Equity and Debt	28 578 000	27 078 000	4 638 000	5 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	9 000
Other Income	8 270 000	8 208 000	9 468 000	10 072 000
Revenue	8 270 000	8 208 000	9 468 000	10 081 000
Cost of Goods Sold	0	0	0	8 000
Salary Costs	0	0	0	0
Depreciation	1 460 000	490 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	2 118 000	4 328 000	6 336 000	6 533 000
Operating Profit	6 152 000	3 880 000	3 133 000	3 549 000
Financial Income	0	0	0	1 000
Financial Costs	814 000	283 000	0	1 000
Financial Balance	−814 000	−283 000	0	0
Dividends	4 000 000	3 000 000	4 000 000	600 000
Net Income	4 164 000	2 806 000	2 444 000	2 768 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 481 000	20 933 000	0	20 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	75 000	4 000	10 000	16 000
Total Tangible Assets	19 557 000	20 937 000	10 000	36 000
Total Fiancial Fixed Assets	0	0	88 000	0
Total Fixed Assets	19 557 000	20 937 000	99 000	36 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 299 000	3 479 000	1 332 000	1 431 000
Total Current Assets	9 022 000	6 141 000	4 539 000	5 076 000
Total Assets	28 578 000	27 078 000	4 638 000	5 112 000
Total Equity	1 189 000	1 025 000	1 219 000	2 775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 810 000	22 136 000	0	0
Creditors	65 000	151 000	627 000	760 000
Unpaid Taxes	322 000	318 000	102 000	140 000
Dividends	4 000 000	3 000 000	4 000 000	600 000
Other Current Debt	124 000	23 000	0	55 000
Total Current Debt	5 579 000	3 917 000	3 419 000	2 337 000
Total Equity and Debt	28 578 000	27 078 000	4 638 000	5 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	350,21 %	273,76 %	200,49 %	99,75 %
Debt-to-Equity Ratio	18,34	21,6	0	0
Operating Profit Margin	74,39 %	47,27 %	33,09 %	35,2 %
Current Ratio	1,62	1,57	1,33	2,17
Quick Ratio	1,62	1,57	1,33	2,17
Equity Ratio	0,04	0,04	0,26	0,54
Gross Profit Margin	100 %	100 %	100 %	99,92 %